Newsfeeds - Spark Newswire

1 minute read

This State Just Passed A Bill Protecting Crypto Miners From Discriminatory Utility Rates

Today, 1:20 PM

The Montana State Senate has approved a bill to protect cryptocurrency miners from a range of possible actions against the industry, including discriminatory utility rates and zoning restrictions. The proposed legislation passed 37-13 in the Senate and now awaits approval in the state's House.

BTC

1 minute read

Jack Dorsey’s Block Q4 Bitcoin Profit Dips 25% On Apex Crypto Weakness

By Mehab Qureshi

Today, 1:20 PM

Block Inc (NYSE: SQ) reported a total of $1.83 billion in Bitcoin (CRYPTO: BTC) revenue generated through its Cash App unit during the fourth quarter of 2022, a decrease of 7% year-over-year.

BTC

3 minute read

Bitcoin, Ethereum, Dogecoin Mixed On Fed Anxieties: Analyst Thinks Wall Street Risk Aversion Could Revive Apex Crypto

By Mehab Qureshi

Today, 1:20 PM

Major coins traded mixed on Thursday late evening, as the market capitalization declined by 0.20% in the last 24 hours to $1.10 trillion, recorded at 8:30 p.m. EST.

$DOGE

3 minute read

Shiba Inu Shows Strength Compared To Dogecoin, Forms Break-Out Pattern: What’s Next?

By Melanie Schaffer

Today, 1:20 PM

Shiba Inu (CRYPTO: SHIB) enjoyed some early session volatility that caused the crypto bounce almost 4% before falling to near flat as investors mulled GDP and jobs data.

$DOGE

2 minute read

Binance’s CZ Hits Back At BIS Chief In Fiat Vs Crypto Debate: ‘Technology Doesn’t Fight With Anyone’

By Mehab Qureshi

Today, 1:20 PM

Changpeng Zhao, CEO of Binance, responded to Bank for International Settlements (BIS) Chief Agustín Carsten’s sharp criticism of cryptocurrencies on Wednesday.

BTC

2 minute read

Cathie Wood Loads Up $13M In Coinbase After Q4 Beat, Cuts Stake In This Sports Betting Company

By Bhavik Nair

Today, 1:20 PM

Cathie Wood-led ARK Investment Management has purchased 213,519 shares of Coinbase Global Inc (NASDAQ: COI

ARKK

3 minute read

Bitcoin, Ethereum, Dogecoin Slide After Mixed Fed Minutes: Analyst Says China Won’t ‘Fuel Coming Cycle’

By Mehab Qureshi

Today, 1:20 PM

Major coins traded in the red on Wednesday evening, as the cryptocurrency market capitalization declined by 0.62% in the last 24 hours to $1.10 trillion, recorded at 8:30 p.m. EST.

$DOGE

2 minute read

Famed Short-Seller Jim Chanos Reveals Short Position On GE — Says This Bitcoin-Linked Stock Is ‘Narrative,’ Not ‘Fundamental’

By Bhavik Nair

Today, 1:20 PM

Famed short-seller Jim Chanos revealed his short position on General Electric Company (NYSE: GE) shares, saying that the company’s fair value was "way below" its current stock price, according to a Reuters report that cited a CNBC interview.

BTC

2 minute read

Titanic Gets The Web3, NFT Treatment From Artifact Labs & Venture Smart Financial

By Murtuza Merchant

Today, 1:20 PM

RMS Titanic Inc, the company responsible for preserving and showcasing the sunken ship, is collaborating with Artifact Labs and Venture Smart Financial Holdings, a Hong Kong-based asset management firm, to turn the physical artifacts from the tragic voyage of 1912 into non-fungible token (NFT) assets through Web3.

BTC

2 minute read

Crypto Is Not A Viable Alternative To Fiat Currency, Economist Agustín Carstens Says

By Murtuza Merchant

Today, 1:20 PM

The argument that cryptocurrencies are a viable alternative to fiat currency has been settled in the wake of the digital-asset sector's recent turmoil, with technology not being an alternative for "trusted" money, according to the Bank for International Settlements' Agustín Carstens.

BTC